Jiangsu Shagang Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Shagang has a total shareholder equity of CN¥9.9B and total debt of CN¥7.2B, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are CN¥21.6B and CN¥11.7B respectively. Jiangsu Shagang's EBIT is CN¥41.1M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥10.3B.
Key information
72.8%
Debt to equity ratio
CN¥7.23b
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥10.30b |
| Equity | CN¥9.93b |
| Total liabilities | CN¥11.66b |
| Total assets | CN¥21.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002075's short term assets (CN¥13.3B) exceed its short term liabilities (CN¥11.1B).
Long Term Liabilities: 002075's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥525.8M).
Debt to Equity History and Analysis
Debt Level: 002075 has more cash than its total debt.
Reducing Debt: 002075's debt to equity ratio has increased from 0.7% to 72.8% over the past 5 years.
Debt Coverage: 002075's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002075 earns more interest than it pays, so coverage of interest payments is not a concern.